Several interesting news surfaced last week, with China’s VC industry getting back on its feet.
Chinese self-driving company AutoX is launching a big data center in Shanghai. It will serve as the largest data hub for self-driving car data in China.
Huawei released its white paper on autonomous driving based on its core 5G network to advance the development and integration of 5G in the field of self-driving technology.
China's ride-hailing giant Didi Chuxing (Didi) said on Aug. 4 that it has launched its autonomous driving unit as an independent company.
The multinational tech giant Intel signed a Memorandum of Cooperation with Chinese tech company Baidu for a three-year relationship in Baidu's core business areas on July 30.
On May 21, the United States Postal Service (USPS) announced that it is from now on going to ship mail and parcels on self-driving trucks, partnering with self-driving vehicle startup TuSimple.
Tesla filed a lawsuit against former Chinese employee Guangzhi Cao on Mar 21, claiming the engineer copied the source code for its autopilot technology before taking a job with Chinese self-driving car startup XPeng in January.
TuSimple, a self-driving truck startup running daily routes for customers in Arizona, has raised $95 million in a Series D funding round led by Sina Corp. The company achieved unicorn status with a valuation now reaching $1 billion.
Zhidaohulian（智道网联）, a Chinese intelligent vehicle service provider, raised 120 million dollars in its Series A round led by Tencent on Feb.1.
On Jan. 8, Baidu introduced Apollo Enterprise, a new brand for a suite of customizable autonomous driving and Internet of Vehicles (IoV) solutions for mass production vehicles at this year's Consumer Electronics Show (CES) in Las Vegas.
In 2018, many Chinese tech companies expanded their overseas markets and showcased their efforts in going global.
Byton's K-Byte concept debuted in Shanghai on June 12, and Byton, the Beijing-based startup has announced its product naming strategy for the first time.
At the 2018 Beijing International Automotive Exhibition this year, new car manufacturers Nio, Byton, Weltmeister and Singulato had their new production cars on display to rival the traditional car manufacturers.
The 10th Global Mobile Internet Conference (GMIC) Beijing opened on April 26, the theme of this year's conference is AI Genesis. Kai-Fu Lee, CEO of Sinovation Ventures, attended the panel discussion on “The Present and Future of AI”, where he shared his views on artificial intelligence applications and talent cultivation.
Wang Jingao, head of Apollo research and development, announced at the Baidu World Conference in Las Vegas today that Apollo 2.0 is officially open.